Greece Is Still Greece

There was an election in Greece to determine if the people of that troubled land wanted to walk out of the European Union or remain and be broke. Several political groups urged departing the European Union, saying the heck with debts and — actually they never clearly explained what a bankrupt Greece that did not pay debts would do for money. The New Democracy Party led by Antonis Samaras pledged to remain in the EU and work out some form of economic solution.

In reality, Greece will not emerge from the current mess without Germany and other EU nations adopting the Obama approach of economic stimulus instead of economic unemployment. People need jobs, people need wages, and then people will purchase goods and pay taxes. It is time for common sense economic stimulation and an end to Republican nutty ideas of not forcing the wealthy to pay more taxes and firing people.

It is time for Europe to learn how the Great Depression ended–GOVERNMENT INTERVENTION.

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